64
64
Dec 10, 2012
12/12
by
CNN
tv
eye 64
favorite 0
quote 0
will i accept a tax increase if it solves our problem? yes. >>> a cloud of political we have put ourselves into a hold. we're not going to raise taxes and borrow money and get out of it. will i accept a tax increase as part of a deal to solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about send spending cuts dpin. >>> a cloud of political uncertainty hanging over venezuela. hugo chavez is traveling to cuba for surgery for a third time. this time he named the vice president to replace him in case something was to happen to them. earlier parliament votes unanimously to give him permission leave the country. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shoot-out with the man that reportedly opened fire earlier on several people, three of whom died. his two young daughters were wounded, and police chased the suspect and said he shot at them, too. >>> the national menorah in front
will i accept a tax increase if it solves our problem? yes. >>> a cloud of political we have put ourselves into a hold. we're not going to raise taxes and borrow money and get out of it. will i accept a tax increase as part of a deal to solve our problems? yes. >> president obama wants republicans to sign off on the wealthy tax hike before any negotiations about send spending cuts dpin. >>> a cloud of political uncertainty hanging over venezuela. hugo chavez is traveling...
357
357
Dec 2, 2012
12/12
by
CNNW
tv
eye 357
favorite 0
quote 1
if they do nothing, everyone's taxes go up and automatic spending cuts take effect. still, it appears congress and the president are digging in with no deal in sight. >> if they are going to force hi higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then that's a choice they're going to have to make. >> this isn't an issue about democrats or republicans. my goodness, this is about our country. >> well, one thing both sides agree on is the government needs to raise more money. how much? how they do it? those are two of the many sticking points and the clock is ticking. >>> a series of suicide car bombings leave five people dead in eastern afghanistan today. inis yo no reports of any u.s. casualties. the taliban has claimed responsibility for the attacks. >>> and in wyoming a college teacher may have saved the lives of several of his students. authorities are praising the instructor's actions. he tackled a man who barged into the classroom, shooting the instructor in the head with a hunting bow. more startling,
if they do nothing, everyone's taxes go up and automatic spending cuts take effect. still, it appears congress and the president are digging in with no deal in sight. >> if they are going to force hi higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then that's a choice they're going to have to make. >> this isn't an issue about democrats or republicans. my goodness, this is about our country. >> well, one thing both...
56
56
Dec 10, 2012
12/12
by
CNN
tv
eye 56
favorite 0
quote 0
will i accept a tax increase if it solves our problem? yes. >>> a cloud of political uncertainty hanging over venezuela. hugo chavez is traveling to cuba for surgery for a third time. this time he named the vice president to replace him in case something was to happen to them. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shoot-out with the man that reportedly opened fire earlier on several people, three of whom died. his two young daughters were wounded, and police chased the suspect and said he shot at them, too. >>> the national menorah in front of the white house, illuminated tonight, marking the start of hanukkah. of course, no hanukkah celebration would be complete without a spinning draddel. >> the big event at the nation's capital, president obama will be inaugurated for a second term and that means plenty of turnover among his top advisoriers. emily schmitt has a look at the upcoming cabinet. >> this is a wonderful opportunity for me to mee
will i accept a tax increase if it solves our problem? yes. >>> a cloud of political uncertainty hanging over venezuela. hugo chavez is traveling to cuba for surgery for a third time. this time he named the vice president to replace him in case something was to happen to them. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shoot-out with the man that reportedly opened fire earlier on...
81
81
Dec 10, 2012
12/12
by
CNN
tv
eye 81
favorite 0
quote 0
the district attorney says he owes more than $350,000 for not paying his state taxes for three years. he pleaded not guilty. baldwin said he paid $100,000 already to new york state. earlier he told me he knew all this was coming. >> i've been in a conversation about this very thing for several months now. and, again, i'm not trying to be funny when i say this. i'm grateful these guys are giving me a chance to work it out. it's a tough situation because it wasn't me specifically, as you know, don, you have people do your taxes for you, et cetera, et cetera. it wasn't handled appropriately. i am ultimately responsible but i am in a conversation and we are communicating with them and what i'm told is that we're going to be able to work it out. i'm hoping that's the end result. >> but for you, explain to the audience what happened. >> well -- i don't want to cry in my coffee here, but the long story short is when i moved out of doing my normal career and mainstream secular hollywood and started to get into mostly faith-based stuff, it changed my income a whole lot. that led to a lot of in
the district attorney says he owes more than $350,000 for not paying his state taxes for three years. he pleaded not guilty. baldwin said he paid $100,000 already to new york state. earlier he told me he knew all this was coming. >> i've been in a conversation about this very thing for several months now. and, again, i'm not trying to be funny when i say this. i'm grateful these guys are giving me a chance to work it out. it's a tough situation because it wasn't me specifically, as you...
294
294
Dec 4, 2012
12/12
by
CNNW
tv
eye 294
favorite 0
quote 0
of tax avoidance. but there's no question in times of austerity -- tomorrow we'll find out what taxes in the uk are going to go up -- that this sort of finagling of the finances is most definitely not on. >> i suppose you could call it creative bean counters behind all of that. you could if you wanted to be silly. britain has a bit of a big tax gap problem overall, right? >> it does. and the chancellor of the -- the finance minister has now warned that he won't meet his deficit targets for austerity will have to continue. we expect higher taxes on the rich tomorrow, cuts in public spending, and in this environment the multinationals like google, amazon, starbucks, are very firmly in the firing line. after all what better than to attack big corporate america. and they're being told, smell the coffee. i can play that game, too, michael. >> wake up and smell the coffee. always good to see you, mr. quest. always making it simple for us. richard quest in london. probably didn't pay for that coffee. >>> over
of tax avoidance. but there's no question in times of austerity -- tomorrow we'll find out what taxes in the uk are going to go up -- that this sort of finagling of the finances is most definitely not on. >> i suppose you could call it creative bean counters behind all of that. you could if you wanted to be silly. britain has a bit of a big tax gap problem overall, right? >> it does. and the chancellor of the -- the finance minister has now warned that he won't meet his deficit...
64
64
tv
eye 64
favorite 0
quote 0
their tax rate jumps from 25% to 28%. they could be hit by the alternative minimum tax. the child tax credit drops from $1,000 to $500 and payroll taxes could be $2,000 more next year. for a single 25-year-old in michigan who works full-time earning $30,000 a year going to school part-time, his tax rate would stay the same at 15%. but he would lose the american education tax credit and have to pay more than $600 in payroll taxes. and even though it's weeks before the changes would take effect the impact is already being felt because of uncertainty. 401(k) plans are taking a hit. companies are putting freezes on hiring. and the retail sector which makes most of its money in the final weeks of the year. black friday is over and people are just hoping it doesn't turn into bleak friday. >> trying to be penny wise and not dollar stupid. >> the national retail federation did a survey that 64% of americans are watching closely the negotiations in washington over the fiscal cliff and that a lot of consumers are taking a wait and see approach, reluctant to go on a spending spree.
their tax rate jumps from 25% to 28%. they could be hit by the alternative minimum tax. the child tax credit drops from $1,000 to $500 and payroll taxes could be $2,000 more next year. for a single 25-year-old in michigan who works full-time earning $30,000 a year going to school part-time, his tax rate would stay the same at 15%. but he would lose the american education tax credit and have to pay more than $600 in payroll taxes. and even though it's weeks before the changes would take effect...
236
236
Dec 7, 2012
12/12
by
CNNW
tv
eye 236
favorite 0
quote 0
instead of reforming the tax code, cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has a spending problem. not a receive knew problem. the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. we are ready and eager to talk to the president about such a plan. >> mr. speaker, you did speak with the president earlier this week. can you characterize that call? did he have any kind of counteroffer? also, we understand that he just is making clear that it is -- got to be increase in rates for the wealthy or no deal. are you willing to give a little bit, maybe just not all the way to 39.6? >> it was the -- the phone call was pleasant. but it was just more of the same. the conversations -- the staff had yesterday just more of the same. it is time for the -- president, if
instead of reforming the tax code, cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has a spending problem. not a receive knew problem. the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of...
462
462
Dec 3, 2012
12/12
by
CNNW
tv
eye 462
favorite 0
quote 0
said, look, instead of raising the tax rates why don't we close loopholes in the tax system, make the tax system more efficient and stop picking winners and losers. i think that's the latest offer the republicans have put on the table. they're not opposed to a tax increase. they're basically saying let's do it the right way in a way that doesn't hurt the economy. >> yeah, but stephen, you could close every loophole that's out there and that wouldn't make up for our deficit. >> no, but the president's plan of raising taxes on the rich, let's assume even he has his way. let's assume republicans go along with his plan. that at best raises about $70 billion a year. that leaves us with a trillion dollar deficit. this puts the president i think in a little bit of a hole. if the republicans give his way, what's plan "b"? what do we do next to deal with the deficit? the president and tim geithner basically this weekend said we've got plans to cut entitlements by 400 bill or ion 500 billion dollars. that's over ten years. we have a much bigger hole than i think anyone in washington is willing
said, look, instead of raising the tax rates why don't we close loopholes in the tax system, make the tax system more efficient and stop picking winners and losers. i think that's the latest offer the republicans have put on the table. they're not opposed to a tax increase. they're basically saying let's do it the right way in a way that doesn't hurt the economy. >> yeah, but stephen, you could close every loophole that's out there and that wouldn't make up for our deficit. >> no,...
186
186
Dec 8, 2012
12/12
by
CNNW
tv
eye 186
favorite 0
quote 0
one, instead of raising the current tax rate on the wealthy from the 37% from the bush tax era, to 36%, as the president wants, pick a middle ground. republicans are so concerned about small businesses getting hit by increased rates, follow a bipartisan senate proposal from republican susan collins, now endorsed by republican olympi s well. all week, he tried to turn it around by making the president look unreasonable. >> the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: democrat jim manly were top congressional aides for years on opposite sides of many negotiations. >> when you have the negotiations, you have to fill the public space up with images of communications, on what the leaders are standing for. >> reporter: but manly, the democrat, from the president's perspective he says this time is different. >> the president and his team finally came to the result that they can't negotiate with hostage-takers, and learned their lesson from last year. >> the speaker says over and over he is waiting for the presiden
one, instead of raising the current tax rate on the wealthy from the 37% from the bush tax era, to 36%, as the president wants, pick a middle ground. republicans are so concerned about small businesses getting hit by increased rates, follow a bipartisan senate proposal from republican susan collins, now endorsed by republican olympi s well. all week, he tried to turn it around by making the president look unreasonable. >> the president has adopted a deliberate strategy to slow-walk our...
141
141
Dec 2, 2012
12/12
by
CNNW
tv
eye 141
favorite 0
quote 0
the revenue proposals are $1.6 trillion in revenue and tax increases. it's a massive tax increase. but also not significant and meaningful in entitlement reforms. >> so, anna, i hear comments like those and remarks by john boehner and the president of the united states and i wonder after the election, did we learn anything? because i -- my reading on the election was that the people, the voters wanted compromise. and for the people in washington to talk to each other not at each other. that still appears to be what they're doing, no? >> i think right after the election that was the message that even president obama and john boehner and the entire leadership, we saw that incredible image of the minority and majority leaders on both houses come out saying things that sounded like they were going to cooperate. but, you know, only in washington can that mean nothing quickly. but i do think, look, let's put this in perspective. we have a game of chicken going on here with a lot of posturing. there's 30 days to get this done, which for washington time it's like dog years. it's an eternit
the revenue proposals are $1.6 trillion in revenue and tax increases. it's a massive tax increase. but also not significant and meaningful in entitlement reforms. >> so, anna, i hear comments like those and remarks by john boehner and the president of the united states and i wonder after the election, did we learn anything? because i -- my reading on the election was that the people, the voters wanted compromise. and for the people in washington to talk to each other not at each other....
170
170
Dec 9, 2012
12/12
by
CNNW
tv
eye 170
favorite 0
quote 0
he also said, listen, if we give him his tax rate, we may be able to hold the total package of tax revenues at half of what the president is asking for. the president wants $1.6 trillion in new taxes. and corker's saying, if we just do the rate, we can hold it to half that. so you could -- we could get a short-term agreement that avoids the cliff but it could mean that the long-term agreement is much smaller than what the president and economists and others really want. >> you have gad sources there. are sources telling you anything about what happened behind closed doors? >> i have not heard anything. this is all broken in the last, you know, hour or two. so i have not heard anything yet. i'm hoping to learn more. but i think the truth is we're going did learn more tomorrow. that's what leaks are likely to start coming out. boehner's going to have to tell troops on the republican side and the president is likely to talk to democrats. >> once they start talking to people and word gets out, people will start talking to you guys. >> we'll begin to get a sense of, are they really that close or
he also said, listen, if we give him his tax rate, we may be able to hold the total package of tax revenues at half of what the president is asking for. the president wants $1.6 trillion in new taxes. and corker's saying, if we just do the rate, we can hold it to half that. so you could -- we could get a short-term agreement that avoids the cliff but it could mean that the long-term agreement is much smaller than what the president and economists and others really want. >> you have gad...
354
354
Dec 5, 2012
12/12
by
CNNW
tv
eye 354
favorite 0
quote 0
minimum tax. that's the only part of this whole mess that actually affects your 2012 taxes. it is a big problem, and it would hit like 30 million families who don't know it's coming, but most of this increase affects your 2013 taxes. so you wouldn't actually -- you would feel it in withholding, feel it in your paycheck, but they have time to fix this before you file your 2013 taxes to give you back some of that money. >> time to fix this, laurie montgomery, thank you. i want to start there with dana bash here in a moment. because the fiscal cliff debate is starting to sound like, you know, a high stakes game of chicken. there is all kinds of tough talk. no action. right now democrats and republicans are refusing to compromise on this key sticking point, how to get more money from wealthy people. president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let'
minimum tax. that's the only part of this whole mess that actually affects your 2012 taxes. it is a big problem, and it would hit like 30 million families who don't know it's coming, but most of this increase affects your 2013 taxes. so you wouldn't actually -- you would feel it in withholding, feel it in your paycheck, but they have time to fix this before you file your 2013 taxes to give you back some of that money. >> time to fix this, laurie montgomery, thank you. i want to start...
62
62
tv
eye 62
favorite 0
quote 0
how can you tax it? >> reporter: that's the huge piece that needs to be worked out by the washington state bureau of liquor that's going to run all of this just like they regulate liquor sales, they're going to regulate marijuana sales. they're going to license and tax the growing, the processing and retail sales for all marijuana all at 25% plus fees for every individual that goes into those various businesses. they project that in the first five years nearly $2 billion from this program alone. >> and then this is not the only state because during this federal election there were two states that ended up on positive end of legalizing recreational marijuana. the other one being colorado. why do we not see a party there today? >> reporter: because they haven't made it legal yet. the governor there has to act before january 5th and then they will make it at some point legal to possess pot there as well. and then they'll have to go through the same process of setting up the rules to figure this out. advocat
how can you tax it? >> reporter: that's the huge piece that needs to be worked out by the washington state bureau of liquor that's going to run all of this just like they regulate liquor sales, they're going to regulate marijuana sales. they're going to license and tax the growing, the processing and retail sales for all marijuana all at 25% plus fees for every individual that goes into those various businesses. they project that in the first five years nearly $2 billion from this program...
83
83
Dec 10, 2012
12/12
by
CNN
tv
eye 83
favorite 0
quote 0
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> the good folks in minnesota are dealing with a lot of snow this morning including minneapolis, where they had over 10 inches of snow. let's bring in alexandra steel. >> you talked about minneapolis and the star tribune there says winter back. welcome, winter back. it's been a poultry few years there and this is their livelihood. so, a big snowfall, the biggest in two years in places like minneapolis. entire season last year, only 22 inches. their biggest last season, only 4 inches of snow. 14 inches. this is 14 miles east of minneapolis. maplewood. so, twin cities picking up about 10.5 inches of snow, so certainly good news for them, but in the big picture, this is incredibly dyn
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> the good folks in minnesota are dealing with a lot of snow this morning...
344
344
Dec 6, 2012
12/12
by
CNNW
tv
eye 344
favorite 0
quote 0
by the end of the year everything will be regulated and taxed very heavily here. 25% tax. proponents say they will raise a half billion dollars. $500 million a year from the sale of marijuana and marijuana products in washington state once this gets going. >> while many there are celebrating, colorado isn't ready to spark up just yet. voters cast votes to legalize marijuana as well but it won't officially be legal for another month. jim spelman is in denver, colorado. what's the holdup? >> reporter: the governor has to cross ts and dot is to make this official. like in washington state, there's uncertainty about what the federal government is going to do before we can really have fully implemented legalized marijuana here. take a look. on election day colorado voted to legalize marijuana and by early january the governor will make it official. but don't expect the streets of denver to look like this. smoking pot in public will remain illegal but behind closed doors the times are a changing. >> adults 21 and over can possess small amounts of marijuana and grow small amounts
by the end of the year everything will be regulated and taxed very heavily here. 25% tax. proponents say they will raise a half billion dollars. $500 million a year from the sale of marijuana and marijuana products in washington state once this gets going. >> while many there are celebrating, colorado isn't ready to spark up just yet. voters cast votes to legalize marijuana as well but it won't officially be legal for another month. jim spelman is in denver, colorado. what's the holdup?...
506
506
Dec 4, 2012
12/12
by
CNNW
tv
eye 506
favorite 0
quote 1
in a way by getting rid of tax loopholes which they feel rather than raise the tax rates will have less of a negative impact on the economy. at the end i think there will be a little bit of movement on their side possibly raising the dollar income level that we have for that and making so it's a combination of increases as well as loopholes, but, frankly, the president's policy of just trying to punish the rich is what he seems to be interested in is also counterproductive, frankly. >> i saw jason johnson shaking his head no. >> this is not true. they haven't specified what any of these taxes are. they're trying to sell people a bridge and you don't even know where the bridge is going. that's one of the reasons the white house rejected the plan but here is the other reason why the republicans are eventually just going to go along and raise taxes and deal. the most important number in this whole debate is 56. 56% of the public according to a recent poll will blame the republican party in congress if this deal does not get done. they do not need another public relations hit after being sh
in a way by getting rid of tax loopholes which they feel rather than raise the tax rates will have less of a negative impact on the economy. at the end i think there will be a little bit of movement on their side possibly raising the dollar income level that we have for that and making so it's a combination of increases as well as loopholes, but, frankly, the president's policy of just trying to punish the rich is what he seems to be interested in is also counterproductive, frankly. >> i...
192
192
Dec 3, 2012
12/12
by
CNNW
tv
eye 192
favorite 0
quote 0
loopholes and reform the tax code, on the table instead of raising tax rates for anyone. >> the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. >> if they are going to force higher rates on virtually all americans because they're unwilling to let tax rates go up on 2% of americans, then, you know, that's the choice they're going to have to make. >> emily joins us live from washington. emily, the zinger sound bites, they're all piling up. what is the actual strategy behind all this political theater? what are you hearing from the republicans and from the democrats? >> reporter: you know, less than a month out now from going over the fiscal cliff. even talk about p
loopholes and reform the tax code, on the table instead of raising tax rates for anyone. >> the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then would wouldn't he consider it? >> reporter: that's are publicly unchanged position was a deadline that's set. whether political theater or political reality, there's more mention going over the fiscal cliff could go beyond hypothetical. >> there's clearly a chance. >>...
518
518
Dec 5, 2012
12/12
by
CNNW
tv
eye 518
favorite 0
quote 0
that offer includes an $800 billion in tax revenue but does not include any tax increase on the wealthiest americans. >>> also, our own dana bash, our congressional correspondent asked john boehner why republicans met today to talk about the fiscal cliff and then are going to go home after the meeting and await for the president's response. here's what mr. boehner said. >> reporter: today's wednesday and the house is going to leave today with two days left in the week. i understand that you are saying that there's no legislation that's been on the floor. but when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> mr. speaker, does the conference perhaps realize that you don't seem to be negotiating in all of this? >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than raising rates. because raising
that offer includes an $800 billion in tax revenue but does not include any tax increase on the wealthiest americans. >>> also, our own dana bash, our congressional correspondent asked john boehner why republicans met today to talk about the fiscal cliff and then are going to go home after the meeting and await for the president's response. here's what mr. boehner said. >> reporter: today's wednesday and the house is going to leave today with two days left in the week. i...
165
165
Dec 10, 2012
12/12
by
CNNW
tv
eye 165
favorite 0
quote 0
the payroll tax holiday. you get about 20 bucks extra a week. that's separate from the bush era tax rates that could change. all of this just to tell you that the markets have held in very, very well, the markets are telling us they think something's going to get done so it behooves washington not to give it up. >> are you free for the rest of the week? >> how about the rest of the ye year? >> i just signed you up for a little job. because the fiscal cliff is so confusing on a personal level, we're asking, go ahead and tweet us your questions. we figured this would be a good idea to put you guys to work. thatst the address. specific questions about how the fiscal cliff could impact you, your family or business and we've got the experts literally live as your financial planners live on the air to answer some of those questions. are you glad that i just signed you up for that? you'll be seeing christine all week long. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those
the payroll tax holiday. you get about 20 bucks extra a week. that's separate from the bush era tax rates that could change. all of this just to tell you that the markets have held in very, very well, the markets are telling us they think something's going to get done so it behooves washington not to give it up. >> are you free for the rest of the week? >> how about the rest of the ye year? >> i just signed you up for a little job. because the fiscal cliff is so confusing on a...
251
251
Dec 4, 2012
12/12
by
CNNW
tv
eye 251
favorite 0
quote 0
at today's dividend tax rate of just 15%. that will be a big savings for him if the dividend tax does double as it may do next year. the doom and gloom of the fiscal cliff hides an important point about our economy. we play our cards right, america could be headed for another economic renaissance. short-term indicators are looking good. jobs are being created, consumer debt is shrinking. the housing market is making a comeback. forget silver linings, housing has been the golden lining around the economic cloud hanging over the country. mortgage rates are expected to stay low through 2014. home affordability is as good as it it's been in generations. that's going to attract buyers who spent the last few years waiting for prices to bottom out. that's going to help millions of homeowners who currently owe more on their homes than the home is worth. the home prices rising, confidence will return. and longer term prospects also have some real hope in america. we're in the midst of a domestic energy boom that will fuel growth for y
at today's dividend tax rate of just 15%. that will be a big savings for him if the dividend tax does double as it may do next year. the doom and gloom of the fiscal cliff hides an important point about our economy. we play our cards right, america could be headed for another economic renaissance. short-term indicators are looking good. jobs are being created, consumer debt is shrinking. the housing market is making a comeback. forget silver linings, housing has been the golden lining around...
352
352
Dec 3, 2012
12/12
by
CNNW
tv
eye 352
favorite 0
quote 0
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. [ tires squeal ] and if you get into an accident and use one of our certified repair shops, your repairs are guaranteed for life. call... to switch, and you could save hund
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. [ "the odd couple" theme playing ] humans. even when we cross our "t"s...
75
75
Dec 10, 2012
12/12
by
CNN
tv
eye 75
favorite 0
quote 0
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ together for your future. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your m
no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for...
260
260
Dec 7, 2012
12/12
by
CNNW
tv
eye 260
favorite 0
quote 0
cuts, bush tax cuts, forethose up to $250,000, probably immediate to extend the payroll tax cut. these are major forms of stimulus that middle income households and receive the dollars don't save it. they spend it. i think it also provides a little wind to the sail of the administration that we need to extend the unemployment insurance benefits that have -- we have been providing to families. which are another important stimulus for families here in the u.s. >> you answer made question about the work force because about a half million people left the work for according to bls and talked about why you believe that factored into it. what do you think is missing from the report, though? >> what's missing, i think of -- you know, we focus so much on the employment front and if you look at wage, i believe wages continue to stagnate. over the month. and also even over the year when you factor in inflation. so, you know, not -- families are -- you know, continuing in this really tepid, very slow, weak recovery. they are getting hit on all fronts. you know. slow job creation. people leav
cuts, bush tax cuts, forethose up to $250,000, probably immediate to extend the payroll tax cut. these are major forms of stimulus that middle income households and receive the dollars don't save it. they spend it. i think it also provides a little wind to the sail of the administration that we need to extend the unemployment insurance benefits that have -- we have been providing to families. which are another important stimulus for families here in the u.s. >> you answer made question...
228
228
Dec 9, 2012
12/12
by
CNNW
tv
eye 228
favorite 0
quote 0
boehner would not comment on whether there is room for compromise on the president's demand for higher tax rates, on high income americans. boehner and the president spoke by phone this week, but in public comments, appear to have no -- made no progress. >>> same sex couples are finally getting their day in court. this time, the u.s. supreme court. justices have decided to hear two constitutional challenges to federal and state laws. one case involves the federal defense of marriage act, which denies federal benefits to same sex couples legally married in their own state. the other is a challenge to california's prop 8, which took away the right of same sex marriage that had been previously approved by state courts. >>> florida governor charlie crist completed his political transformation. crist was elected governor as a republican in 2006, then later ran for the senate as an independent. he campaigned for president obama, and spoke at the democratic national convention. he's now officially a democrat and is widely expected to run for governor again in 2014. >>> south africa's beloved nels
boehner would not comment on whether there is room for compromise on the president's demand for higher tax rates, on high income americans. boehner and the president spoke by phone this week, but in public comments, appear to have no -- made no progress. >>> same sex couples are finally getting their day in court. this time, the u.s. supreme court. justices have decided to hear two constitutional challenges to federal and state laws. one case involves the federal defense of marriage...
328
328
Dec 7, 2012
12/12
by
CNNW
tv
eye 328
favorite 0
quote 0
can't inherit tax free the way heterosexual married couples can. the obama administration says, agrees that law is unconstitutional. that law is now being defended by a lawyer hired by the republicans in the house of representatives. so that -- that is one case. the other case is the proposition 8 case in california. if you recall, california -- there was a referendum -- the california supreme court ruled that there had to be same sex marriage under the california constitution. gay people had the right to get married there for a brief period of time. then there was an initiative put on the ballot, proposition 8, california voted in a close election to overturn same sex marriage. same sex marriage was banned after it was briefly legal. the federal district court had a trial there, and said that law, proposition 8, banning same sex marriage, is unconstitutional. that was affirmed on appeal, that is now appealed to the supreme court and they will now decide whether proposition 8 is constitutional or not. >> when we talk about this as being a historica
can't inherit tax free the way heterosexual married couples can. the obama administration says, agrees that law is unconstitutional. that law is now being defended by a lawyer hired by the republicans in the house of representatives. so that -- that is one case. the other case is the proposition 8 case in california. if you recall, california -- there was a referendum -- the california supreme court ruled that there had to be same sex marriage under the california constitution. gay people had...